LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN
Overview
Plan Contact
- Address: 1500 W KENNEDY RD,LAKE FOREST,IL
- Contact person: KRISTIN PAISLEY
- Phone: (847) 615-3209
Plan General Information
At the end of 2022, the total retirement plan assets of LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is $30,714,016.This plan was established in 1956.
At the end of 2022, the total number of retirement plan participants in LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is 166
In 2022, the average participant retirement account value for LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is $185,024
In 2022, the estimated average employee contribution amount per participant for LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is $6,969
In 2022, the estimated average employer match for an employee in LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is approximately $6,239
In 2022, LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN allocates $1,035,735 to match its employees’ contributions, providing an employer match rate of 93.17% of their contributions
In 2022, the total retirement plan asset growth rate of LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is -19.22%
In 2022, the estimated aggregate retirement account investment gain/loss for LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is -16.03%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN is 0.33%.
Enrollment Features
LAKE FOREST ACADEMY DEFINED CONTRIBUTION PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.